Village Voice Media Decries Bankruptcy Speculation

Law360, New York (January 15, 2010, 5:39 PM EST) -- Village Voice Media Holdings LLC has denounced a media report that the Village Voice newspaper could be forced into bankruptcy after one of VVM's predecessor companies lost nearly $16 million in a lawsuit in California over predatory pricing.

Randall S. Farrimond, a lawyer for Village Voice Media Holdings, demanded a correction from Bloomberg LP on Friday after it reported that the San Francisco Bay Guardian could force the Village Voice alternative weekly newspaper into involuntary bankruptcy proceedings.

”As I explained to you yesterday in some detail,...
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